- Radio Frequency Identification (RFID)
- Hologram
- Security Inks and Coatings
- Hologram
- Mass Encoding
- Security Printing and Graphics
- Others
Anti-counterfeit Pharmaceutical Packaging Market size is valued at USD 54.10 billion in 2021 and is expected to reach USD 152.91 billion by 2028, at a CAGR of 16% during the forecast period 2022-2028. Packaging is critical in a variety of industries, including food and pharmaceuticals. Counterfeits are unauthorised copies of a branded label that look exactly like the real thing. Counterfeit products are usually made with the intention of profiting from the counterfeited product's high value. Clothing, jewellery, pharmaceuticals, cigarettes, electrical equipment, and other items are examples of counterfeit goods. To avoid counterfeit items, it is critical to have secure packaging. Anti-counterfeiting packaging is a method of assigning secure packaging to a product in order to reduce counterfeiting and infringement. Companies are taking anti-counterfeiting procedures, which are assisting them in limiting revenue and loyalty losses due to counterfeiting. Counterfeiting is a huge issue in a variety of industries, but the pharmaceutical industry is particularly vulnerable due to the use of illicit and harmful chemicals in counterfeit pharmaceuticals. Furthermore, counterfeiting causes a company's profitability to suffer as well as a loss of brand value. Anti-counterfeiting packaging is now being used by food and pharmaceutical firms to prevent duplication and ensure product safety. Other companies, in addition to food and pharmaceutical companies, are using anti-counterfeiting packaging to combat counterfeiting and ensure the security of their products. this report studies global Market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global Anti-counterfeit Pharmaceutical Packaging Market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Anti-counterfeit Pharmaceutical Packaging Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).Â
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The overall growth of the packaging sector is expected to drive market growth, fueled by increased demand for packaging products from the food & beverage, personal care, and pharmaceutical industries. Furthermore, with companies and governments all over the world implementing anti-counterfeiting campaigns to protect both brand image and consumer health, demand for anti-counterfeit packaging is likely to skyrocket throughout the forecast period. High setup and innovation expenses are necessary to create anti-counterfeit packaging, which deters both new entrants and potential clients from accepting anti-counterfeit solutions, limiting market growth. Furthermore, some existing technologies, such as barcodes and QR codes, are easy to reproduce or falsify without sufficient client awareness, limiting industry expansion.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.